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A proposed project is expected to generate returns of $50,000 per year for each of the next four years. If the project will cost $145,685
A proposed project is expected to generate returns of $50,000 per year for each of the next four years. If the project will cost $145,685 and taxes are ignored, what is the internal rate of return?
Less than 10%
More than 16%
11%
14%
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